A. market skimming pricing
B. market penetration strategy
C. business line pricing
D. product line pricing
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The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as?
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The product life cycle (PLC) stages includes?
A. segmented pricing
B. psychological pricing
C. promotional pricing
D. geographical pricing
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In the ‘growth stage of product life cycle’ the cost per customer is?
A. product development
B. growth
C. maturity and decline
D. all of above
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The process of involving the pool of communities for idea building such as customers, employees and even public at large is classified as?
A. high
B. low
C. average
D. moderate
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Considering pricing strategies, the price issue that arise when sellers set prices with opinion from competitors is classified as?
A. crowdsourcing
B. internal sourcing
C. off sourcing
D. off shoring
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The second step in cost based pricing is to?
A. price fixing
B. predatory pricing
C. price maintenance
D. discriminatory pricing
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The first step of cost based pricing strategy is to?
A. set price based on cost
B. convince buyer about products value
C. design a product
D. determine cost of product
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The first step of value based pricing is to?
A. design a product
B. determine cost of product
C. set price based on cost
D. convince buyer about products value
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If customers perceive that price of product is greater than the value it provides to customer then the customer?
A. assess needs of customer
B. set target price
C. determine incurred costs
D. design product
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